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Exide Life Term Insurance

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Exide Life Term Insurance
Highlights
Claim Settlement Ratio98.54%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For3,404 Policies
Inception2001
Presence200+ Offices
Total Death Benefit PaidRs. 88.95 Crore

Exide Life Insurance is a 100% Indian-owned entity that has been active in the insurance sector since 2001. Over the two decades of existence, Exide Life Insurance has issued more than 15 lakh insurance policies through various channels like agency, direct, online, bancassurance, etc. The salient features of Exide Life Insurance include high-quality customer service and gaining the trust of its clientele. It is evident in the excellent claim settlement ratio of 98.15% for the FY 2019-20.

Exide Life Insurance offers a range of insurance policies, including term insurance plans.

Exide Life Insurance Term Insurance Plans

Exide Life Insurance has six term insurance plans in its term insurance bouquet, each of which brings a range of attractive benefits for its customers.

  • Exide Life Smart Term Pro
  • Exide Life Smart Term Edge
  • Exide Life Term with Return of Premium Plan
  • Exide Life Elite Term Insurance Plan
  • Exide Life Saral Jeevan Bima
  • Exide Life Term Rider

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

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Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Exide Life Term Insurance Plans

1 Crore
2 Crore
2.5 Crore
  • LIFE COVER
    Tax Free
    ₹1 Cr
  • CLAIMS SETTLED ₹99.01%
Starting From ₹ 697/Month
4hr Claim Settlement
Key Features:
  • Annual Health Checkup
  • Terminal illness
See More Plans

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Exide Term Insurance User Reviews

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What users are saying
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  • The InsuranceDekho website is designed in such a good way that anyone can easily go through the different sect...

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    D
    Exide
    By Deeksha Gaur
    On: Dec 18, 2023
  • I recommend others to buy the Exide Life Term Insurance Policy from InsuranceDekho. The reason is that the pla...

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    G
    Exide
    By Girish Panchal
    On: Nov 22, 2023
  • I'm impressed with how transparent InsuranceDekho is about their policies. While purchasing the Exide Term Ins...

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    K
    Exide
    By Khushi Goel
    On: Oct 10, 2023
  • The team at InsuranceDekho doesn't just sell you a policy and forget about you. They follow up regularly to en...

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    A
    Exide
    By Anushka Rawat
    On: Sep 27, 2023
  • I received my Exide Life Term Insurance Policy documents promptly after approval, which reflects InsuranceDekh...

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    S
    Exide
    By Smriti Gandhi
    On: Sep 13, 2023

Claim Process at Exide Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.
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  • Tax benefit upto 1,50,000*
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  • 66 Lacs+ happy customers

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FAQ About Exide Life Term Insurance

  • Is there any maturity amount in the Exide Life Insurance term insurance plans?

    There is no maturity amount in Exide Life Insurance term insurance plans. However, some plans offer up to 100% to 150% return of premiums paid by you.

  • What is meant by limited pay but full cover in Exide Life Insurance?

    Exide Life Insurance offers an exciting term insurance plan where you pay a premium for periods ranging from five to twelve years but enjoy life cover for the entire policy term. 

  • What is the maximum age up to which life cover is available in Exide Life Insurance term insurance?

    Life cover in Exide Life Insurance term plan is available till the insured person attains 80 years of age.

  • Is medical check-up compulsory in the Exide Life Insurance term insurance plan?

    One specific Exide Life Insurance term insurance plan, Exide Life Term with Return of Premium Plan does not insist on conducting medical check-up when issuing life cover. It is compulsory in all the other plans. 

  • Can you buy an Exide Life Insurance term insurance plan online?

    Yes, you can purchase an Exide Life Insurance term insurance plan online at the official website of Exide Life Insurance. You can also purchase term insurance online at InsuranceDekho. 

Exide Life Term Insurance Contact Details

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